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Planning

  • Policy Name: Planning
  • Policy Types: Executive Limitations
  • Number: EL-04
  • Date Approved: October 20, 2025
  • Date Amended: 
  • Date Last Reviewed: 

The CEO shall not permit planning that allocates resources in a way that risks fiscal jeopardy or that is not aligned with achievement of the board’s Ends.
Further, without limiting the scope of the above statement by the following list, the CEO shall not: 

  1. Operate without a documented, multi-year strategy that can be expected to achieve a reasonable interpretation of the Ends. 

    1.1.  Permit planning that does not explain and justify objective business assumptions and identify relevant environmental factors. 

  2. Permit budgeting for any fiscal period or the remaining part of any fiscal period that is not derived from the multi-year plan.

  3. Permit financial planning that omits credible projection of revenues and expenses, separation of capital expenditures and operational expenses, fund balance, and disclosure of planning assumptions. 

    3.1.  Projects registration revenue on any basis other than the current Board-authorized tuition fees.

  4. Permit financial planning that risks any situation or condition described as unacceptable in the “Financial Condition and Activities” policy.

  5. Permit financial planning that does not provide the amount needed annually by the Board, such as costs of fiscal audit, Board development, Board and committee meetings, Board legal fees, and ownership linkage.

  6. Permit planning that endangers the fiscal soundness of future years or ignores the building of organizational capability sufficient to achieve Ends in future years.

    6.1.  Operate without succession plans to facilitate smooth operations during key personnel transitions and ensure competent operation of the organization over the long term.  

    6.2.  Permit the College to be without sufficient organizational capacity and current information about CEO and Board issues and processes for the competent operation of the organization to continue in the event of sudden loss of CEO services.

      6.2.1  Permit CFO (Vice Chancellor for Administrative Services) to be unprepared to assume operation of the organization for a Board determined interim period.